Is Middlesex County, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Middlesex County has remained a Seller's Market.
Key Takeaway
Middlesex County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Middlesex County, CT
How much do homes in Middlesex County, CT cost?
Median Sold Price
$367,500
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Middlesex County have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in Middlesex County was $367,500 in May 2024, up 5.2% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $146K | $165K | +13.0% |
| 2 Bedrooms | $234K | $257.4K | +10.0% |
| 3 Bedrooms | $355.3K | $385.3K | +8.5% |
| 4 Bedrooms | $460K | $510.7K | +11.0% |
| 5+ Bedrooms | $425K | $470K | +10.6% |
Summary: Middlesex County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 10.6%.
Median Sold Price Compared To Nearby Counties
| New London County | $303.5K | $335K | +10.4% |
| Hartford County | $299.9K | $330K | +10.0% |
| New Haven County | $309.8K | $340.3K | +9.8% |
| Middlesex County | $349.4K | $367.5K | +5.2% |
Housing Supply in Middlesex County, CT
How many homes are available in Middlesex County, CT?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 530 | 599 | +13.0% |
Summary: The Middlesex County real estate market had 599 homes for sale in May 2024, a 13.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 23 | 29 | +26.1% |
| 2 Bedrooms | 126 | 137 | +8.7% |
| 3 Bedrooms | 203 | 232 | +14.3% |
| 4 Bedrooms | 140 | 148 | +5.7% |
| 5+ Bedrooms | 38 | 53 | +39.5% |
Summary: The Middlesex County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 26.1%, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 39.5%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 130 | 142 | +9.2% |
Asking Price vs. Sold Price
42 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
83 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Middlesex County, you could pay more than the asking price. 58.5% of homes here sold above asking price last month.
Summary: A total of 142 homes were sold or pending in Middlesex County in May 2024, up by 9.2% month-over-month. Of the 142 sold homes, 30% were sold under asking, 12% were sold at asking, and 58% were sold over asking.
Days on Market for Middlesex County, CT
We’re sorry, we don't have information for this market at the moment
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